LAD/Blog #29: Clayton Anti-Trust Act

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The Clayton Anti Trust Act was made as a replacement to the ineffective Sherman Anti Trust Act. The Sherman Anti Trust Act was vague and weak. It was abused by pro business governmental leaders, and was even used as an excuse to attack union strikers. The Clayton Anti-Trust Act on the other hand, accomplished a point for each finger. The 5 points included the restriction of price fixing, unfair tying and dealing practices, giving the power to sue corporations to individuals, allowing unions, and stopping anti competitive mergers. The Federal Trade Commission was also formed in 1914 which created a regulatory body, providing accountability to these big companies. The Anti Trust Division of the US Department of Justice also accomplished this goal.
Image result for woodrow wilsonThe act was passed during Wilson's Presidency

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